Ocean View Sublease

Ocean View

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,290
As of: July 21, 2017

Ocean View Rates

On average, listings lease in the $40's per square foot per year. The Ocean View submarket is going through a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the East Bay market, the Ocean View submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Ocean View Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 300% of the office spaces in the Ocean View are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,290 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1961 and are Class B.

Ocean View Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Ocean View occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Ocean View.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ocean View.
Research